Condensed Consolidated Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
May 31, 2018 |
May 31, 2017 |
May 31, 2018 |
May 31, 2017 |
|
| Income Statement [Abstract] | ||||
| Revenue | $ 12,904,609 | $ 4,719,477 | $ 32,113,100 | $ 10,161,813 |
| Cost of goods sold | 9,246,879 | 3,042,405 | 22,859,731 | 6,345,204 |
| Gross profit | 3,657,730 | 1,677,072 | 9,253,369 | 3,816,609 |
| Operating expenses: | ||||
| Depreciation | 258,837 | 28,816 | 666,409 | 48,294 |
| Stock compensation expense | 495,897 | 259,417 | 1,904,568 | 522,226 |
| Selling, general and administrative | 4,987,374 | 1,380,100 | 9,495,295 | 3,369,202 |
| Total operating expenses | 5,742,108 | 1,668,333 | 12,066,272 | 3,939,722 |
| Income (loss) from operations | (2,084,378) | 8,739 | (2,812,903) | (123,113) |
| Other income (expense) | ||||
| Other expense | (23,944) | |||
| Interest expense | (81,362) | (2,620) | (112,357) | (4,488) |
| Total other expense | (81,362) | (2,620) | (112,357) | (28,432) |
| Income (loss) before income taxes | (2,165,740) | 6,119 | (2,925,260) | (151,545) |
| Provision for income taxes | 66,178 | |||
| Net Income (Loss) | $ (2,165,740) | $ 6,119 | $ (2,991,438) | $ (151,545) |
| Net Income (Loss) per Share: | ||||
| Basic net income (loss) per common share outstanding (in dollars per share) | $ (0.03) | $ (0.05) | ||
| Diluted net income (loss) per common share outstanding (in dollars per share) | $ (0.03) | $ (0.05) | ||
| Basic weighted average number of common shares outstanding (in shares) | 64,680,419 | 51,805,930 | 61,995,107 | 50,458,416 |
| Diluted weighted average number of common shares outstanding (in shares) | 64,680,419 | 53,334,232 | 61,995,107 | 50,458,416 |